Harold was laid off from his job as a circus clown because an economic recession caused demand for tickets to the circus to dramatically decline. Harold would best be described as ________ unemployed.

Question

Quizplus · Accepted Answer

Harold's unemployment is due to an economic downturn, which is a characteristic of cyclical unemployment. Cyclical unemployment occurs when there is not enough demand for goods and services in the economy, leading to job losses.

Harold Was Laid Off from His Job as a Circus